Multi-Sector Trade Mission to Cameroon

Cameroon is the largest economy in the six-nation Central African Economic and Monetary. Cameroon has a wealth of natural resources, ample labor force, and enviable location between large markets in Nigeria and Central Africa. The IMF notes that Cameroon boasts one of the highest per capita GDPs (by purchasing power parity) and a well-educated and untapped labor force in sub-Saharan Africa. In 2012, Ex-Im Bank authorized $1.5 billion to support U.S. exports to sub-Saharan Africa $1.4 billion in loan guarantees, $93 million in export-credit insurance, and $38 million in working capital guarantees.